National Bank of Greece S.A.

M&A Activity • Sep 30, 2025

PRESS RELEASE 30/9/2025

National Bank of Greece enters into a definitive agreement with EOS Group for the disposal of a portfolio of unsecured non-performing exposures (Project Etalia B)

National Bank of Greece ("NBG" or "Bank") announces that it has entered into a definitive agreement with funds managed by EOS Group, for the disposal of a portfolio of unsecured non-performing exposures ("NPE") of consumer loans, mortgage loans, small business loans ("SBL"), small & medium enterprises loans ("SME") & Large Corporate with total principal amount of c.€0.1 billion.

The transaction is being implemented in the context of the Bank's NPE management strategy.

The consideration of the transaction amounts to more than 25% of the total principal amount of the Etalia B Portfolio. The transaction is expected to be capital accretive.

The transaction is expected to be completed by Q1 26. Following the completion of the transaction, EOS Matrix Greece will undertake the servicing of the Etalia B Portfolio.

Morgan Stanley & Co. International plc acted as financial advisor while Karatzas & Partners Law Firm served as external legal counsel to NBG.